Political Risk / Uruguay
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Run Of The Mill
January 2007 | Political Risk AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: The World Court's dismissal of Uruguay's request to remove Argentine protestors blocking certain border roads throws the dispute back to a bilateral level for the time being. With key Argentine elections coming up, a resolution to the stand-off seems unlikely, as both sides will probably stall until The Hague delivers a final ruling on the matter. The loss of the controversial pulp mills would be a major setback for the Uruguayan economy, though we still consider this an extreme scenario.